High Growth – FX Portfolio

FX Managers Performance

FX Managers Performance

Monthly % 2018 2019 2020
Net Returns Historical Performance Swing Model Portfolio Historical Performance Swing Model Portfolio Swing & Day
Trading Portfolio
SPDIT
Diversified Series
FX Portfolio
Jan -1.5 3.24 Continuation of
Feb 2.51 -0.51 Portfolio managers
Mar 3.56 3.52 trading strategies for
Apr 2.49 5.78 the SPDIT
May 3.34 5.55 (Diversified Series)
Jun 2.82 0.56 FX Portfolio
Jul 3.15 2.86
Aug 3.33 4.99 1.88
Sept 2.16 3.9 3.31
Oct 9.27 -2.15 1.62
Nov 3.6 4.24
Dec 6.08 2.39
Total 24.44% 29.74% 21.00% 6.81%

FX Manager Historical Performance (Net Return)

*

Represents the performance history of an account actively managed by the portfolio manager.

*

 Represents the performance history of the Share Prices FX portfolio managed by the portfolio manager

*There is no guarantee that future performance will match past performance.

Audited Results

Please find attached the audited trading results for both the Swing Model Portfolio and Day Trading Model Portfolio used for the FX trading.​

Simply choose the audit you wish to verify. ​

Strategy & Investment Objective

Returns

The portfolio managers FX strategies are targeted to return an average 2% return per month before taking into account any portfolio fees or expenses. These strategies are designed to achieve a medium to long-term capital growth.

Investment Process

The FX strategies are designed to utilise the best of proprietary trading and algorithmic auto trading, aiming to smooth the volatility risk inherent in currency markets.

Disciplined Approach

Employing selective investments in spot margin foreign exchange contracts to deliver consistent returns in both rising and falling markets.

The portfolio manager FX strategies have performed well in the past as shown in the performance charts above and have been designed to perform well through times of market volatilities.

Trading Strategies

The two investment strategies that the portfolio manager uses to trade the FX markets are:

  • Swing Trading Strategies​
  • Day Trading Strategies

When applying these strategies, the FX Portfolio Manager will use ​various tools to analyse the market, including but not limited to:

  • Short-term market flow​
  • Market momentum and general trend;
  • Technical analysis; and​
  • Fundamental analysis of the economic outlook

Entry signals are generated from technical analysis (chart patterns) and trade size is based on market volatility. The objective is to capture movements in the market trading specific currencies to target a managed range of volatility, using leverage.

The Day Trading Strategy is designed to perform in market volatility and difficult market conditions. This Strategy looks at key levels and patterns in the market leveraging periods of volatility.​

​There are no guarantees that every trade will be profitable and these strategies can include high or low volumes of trading.​

These strategies also have exposure to currency and can profit from both rising and falling markets.

Monthly Reports​

Click on the month button below to display the Portfolio Managers FX Portfolio monthly summary report.

Fund Manager​

Michael Walker​

Fund Manager

With over 15 years of trading experience in the financial markets, which includes extensive trading experience in both our local and international markets, our portfolio manager Michael specialises in international and derivative-based products including FOREX (foreign exchange), commodities (futures), Indexes, and Contracts For Difference (CFDs).

Michael’s technical understanding and systematic processes became the cornerstone of the structure and design of his trading strategy.

Prior to making his trading strategy available to investors through the Share Prices Managed Accounts Service, Michael provided trading solutions for both private, high-net-worth and wholesale investors.  Michael has also built statistical website analysis tools for forex traders that connects to over 200 brokers worldwide.

Michael holds a number of  qualifications including:

  • RG146 Foreign Exchange, Derivatives, Securities and Superannuation
  • Diploma of Financial Services​
  • Graduate Diploma in Management
  • RG146 Personal Advice

Risk & Trade Management

Market positions are constantly monitored and manually adjusted, where necessary, to protect capital. We may adjust exposure levels, hedge, or exit positions.

The main ways we target risk are:​

  • Constantly monitor market positions, making manual adjustment where necessary;​
  • Target a managed range of volatility to prevent trading on certain strategies during periods that exceed model parameters;​
  • Diversified trading systems;
  • Stop losses to manage downside risk; and​
  • Quantitative system testing.

Trade Management

Open positions are managed with limit orders to define an exit price or will be monitored to allow any potential trends to develop with no specific exit price identified.

Currency Pairs​

The Basics of Currency Pairs

Trading of currency pairs are conducted in the foreign exchange market, also known as the forex market. ​

The FOREX market is the largest and most liquid market in the financial world. This market allows for the buying, selling, exchanging and speculation of currencies. It also enables conversion of currencies for international trade and investment. The forex market is open 24 hours a day, five days a week (except holidays), and sees a huge amount of trading volume.

A currency pair is the quotation of two different currencies, with the value of one currency being quoted against the other. The first listed currency of a currency pair is called the base currency, and the second currency is called the quote currency.

Currency pairs compare the value of one currency to another—the base currency (or the first one) versus the second, or the quote currency. It indicates how much of the quote currency is needed to purchase one unit of the base currency.

Currencies are identified by an ISO currency code, or the three-letter alphabetic code they are associated with on the international market. So, for the U.S. dollar, the ISO code would be USD.

Why we trade currencies.​

We trade currencies to take advantage of the fluctuations between the two related currency pair price movements. This is in order to gain the price difference in the currency price movements between the  countries currencies.

Major Currencies Examples:​

USD, EUR, JPY GBP, CHF.​

Minor Currencies Examples:​​

AUD, CAD, NZD and limited Exotic Currency Pairs. ​​

Fees

The fees and legal documents relating to the Share Prices Managed Accounts Service are detailed below:

Minimum Investment 

$50,000​

Performance Fee 

22% Performance Fee (inclusive of GST) of the profit above the High-Water Mark

Management fee 

The Account Management fee is 2.2% (inclusive of GST) per annum of the NAV for the Class calculated at a Monthly rate of 0.1833%)

Legal Documents

Getting Started​

Before any Investor decides that they want to invest into any of the Share Prices Managed Accounts Services it is recommended that they consider the legal documentation below.​

To access, save and print these documents, click on the images below.

FX Portfolio Documents

Additional Required Legal Documents

These are the additional legal documents that accompany the above FX Portfolio Documents

Online Application

To apply for the Share Prices Managed FX Portfolio Accounts Service click this button

Disclaimer

The information on this website is not intended to be an inducement, offer or solicitation to anyone outside of Australia and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

Australian Managed Funds is the registered trading name of “Share Prices Funds Management Pty Ltd” ACN: 623 398 890.

Australian managed Funds is a corporate authorised financial representative of Share Prices Australia Pty Ltd, AFSL licences 287367 and is also a corporate authorised representative of AFSL 226199 (Gleneagle Asset Management Limited) for the purpose of providing financial services relating to Managed Investments and Capital Raising. AFS Representative Number 001263287

Gleneagle Capital is a trading name of Gleneagle Asset Management Pty Limited, located at Level 27, 25 Bligh Street, Sydney NSW 2000, Australia (ABN 29 103 162 278) is regulated by ASIC and licensed to carry on a financial services business in Australia under Australian Financial Services License No. 226199. Any Information or advice contained on this website is general in nature and has been prepared without taking into account your objectives, financial situation or needs. Before acting on any information or advice on this website, you should consider the appropriateness of it (and any relevant product) having regard to your circumstances and we recommend that you seek independent financial advice if necessary. Please read our Financial Services Guide (FSG) and Product Disclosure Statement (PDS) which are important documents and which are available for downloading from this website. Alternatively, please contact us on the details provided on this. Gleneagle Capital is not able to take clients from Burma, Côte d’Ivoire, Democratic People’s Republic of North Korea, Democratic Republic of the Congo, Eritrea, Former Federal Republic of Yugoslavia, Ghana, Iran, Iraq, Lebanon, Liberia, Libya, Japan, New Zealand, United States of America, Somalia, Sudan, Syria, and Zimbabwe. All financial products involve risk and you should ensure you understand the risk involved as certain financial products may not be suitable to everyone. Past performance of any product described on this website is not reliable indication of future performance.